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Actuarial Services
 

This community is for actuary professionals to discuss the current state of industry and practices

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Actuary, Insurance

Category: Business Area
Industries: Insurance
Moderation:  All Members
Visibility: Everyone
Members: 113
Jobs: 5
Articles: 9
Questions: 15
Debates: 6
Idea Contests: 1
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Topic of the week :  Govt measures for credit crisis     Go to Topic
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In countries like USA, people are so much concerned about disaster insurance that almost every person has on. But in India, due to lack of awareness we don't have such market. Also, disaster is uncertain so people don't believe in these types of plans...
Referred by Niranjan Meena, Actuary Manager, LIC  | 2 years ago
Will loyalty programs for Life Insurance work ? Airlines , Hotels and General Insurance offer incentives to exisiting customers .
Answered by Niranjan Meena, Actuary Manager, LIC  | Topic:  challenges in insurance sector  | 2 years ago
In today’s Indian market, while the insurance sector is seeking to maintain a balance between acquiring customers and developing existing ones, customer acquisition is vital, as no retention strategy will entirely stem customer defection. The...
Answered by Amit Monga, Actuary Manager, Bajaj Allianz  | 3 years ago
More than the cost involved, Could our country sustain the patient flow? No Way, not unless we recruit a lot more doctors willing to work for government wages
Answered by Susanta Panda, Actuary Manager, Bajaj Allianz  | 3 years ago
As you know, insurance is protection against risk. Individuals with lots of everday contacts or engaged in activities where they perceive liabilities - assets that would be at risk if for any reason someone chose to sue them. This is an individual...
0 referals, 1 answers, 51 views
Answered by Rajani Kanth, Actuary Manager, Royal Sundaram  | 3 years ago
Credit Insurance (Mortgage Protection Insurance ) is also sold quite aggressively by local banks, generally providing five years repayment coverage and a death benefit to discharge or reduce the loan. Recently a number of life offices have started...
0 referals, 1 answers, 27 views
Answered by Ajay Rai, Actuary Manager, Max New York Life  | 3 years ago
No, and sometimes we have no choice. some types of professionals require insurance to practice. Second, you can minimize the amount of coverage you require by managing your risks
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